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Gold ​prices fell on Thursday as the escalating Middle ⁠East conflict showed no signs of abating, erasing recent optimism over easing inflation and fuelling concerns that surging oil prices could lead to ‌interest rate hikes. Spot gold was down 0.6% at $4,034.42 per ounce by 0349 GMT. U.S. gold futures for August ‌delivery lost 0.3%…

NSE and Augmont will work towards increasing market participation, improving liquidity and facilitating the adoption of EGRs among investors, jewellers and other market participants. The National Stock Exchange of India (NSE) on Wednesday said it has partnered with integrated gold platform Augmont Enterprises to strengthen the development of the Electronic Gold Receipts (EGR) ecosystem in…

Gold prices on Wednesday dropped by ₹983 to ₹1,41,274 per 10 grams in futures trade amid uncertainties in West Asia. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹983, or 0.69 per cent, at ₹1,41,274 per 10 grams in a business turnover of 1,289 lots. “Gold prices dropped in…

Gold prices fell on Wednesday after climbing ⁠more than 2% in the previous session, as rising oil prices fuelled inflation concerns and uncertainty over the U.S. interest-rate outlook, weighing on non-yielding ‌bullion. Spot gold was down 0.5% at $4,035.67 per ounce, as of 0300 GMT. U.S. gold futures for August ‌delivery eased 0.7% to $4,042.20….

Gold ​rose on Tuesday after hitting a two-week low earlier ⁠in the session, as markets awaited key U.S. inflation data, with escalating U.S.-Iran tensions driving oil prices higher and reinforcing expectations of further ‌Federal Reserve rate hikes. Spot gold was up 0.6 per cent at $4,023.77 per ounce by 0747 GMT, after touching its lowest…

Gold prices on Tuesday rose by ₹1,303 to ₹1,41,612 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded higher by ₹1,303, or 0.93 per cent, at ₹1,41,612 per 10 grams in a business turnover of 1,095…

Gold slid to a two-week low on Tuesday as the U.S.-Iran conflict in the Gulf sent oil ​prices soaring and fuelled inflation fears, with hawkish remarks from Federal Reserve ‌Governor Christopher Waller further reinforcing bets on higher U.S. ​interest rates. Spot gold was down 0.2% ⁠at $3,993.83 per ounce by 0110 GMT, having shed about…

The UK and India saw investors still being positive on the yellow metal, as inflows totalled $2.15 billion | Photo Credit: e-crow Physically backed gold exchange-traded funds (ETFs) witnessed a mixed trend in the past two weeks, with inflows being positive in the week ending July 10 and negative in the week ending July 3,…

⁠Gold slid over 1% on Monday as fears of a closure of the Strait of Hormuz drove oil prices sharply higher, reviving expectations ‌of elevated interest rates to combat inflationary pressures from escalating hostilities in the Middle East. Spot gold dropped 1.5% ‌to $4,059.11 per ounce by 0356 GMT. U.S. gold futures for ‌August ⁠delivery…

Gold and silver are expected to remain volatile with a corrective bias in the coming week as investors assess the latest flare-up in the US-Iran conflict, movements in crude oil prices and inflation data that could reshape expectations for global interest rates, analysts said. Fresh hostilities in West Asia have once again put markets on…